Watch for action in blue box...price should move up temporarily to the supply zone before deciding which path to take....price is likely to go down from the blue box...
Note
USD may remain weak this week which should be good for AUD,EUR,GBP....There is also a possibility that price just fly's past the blue box..
Trade active
Buy active targeting blue box...stop @ 4H candle close below trendline...Trade closed: stop reached
-30 PIPS.Will look for re entry opportunities.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.